IIHMR Delhi

Technological advancements have penetrated into all industries and the trend is gaining widespread attention in the healthcare domain as well. Innovative technology and devices have completely transformed the way healthcare services and management work. Tech innovations like wearables and IoMT have stirred up revolutionary changes to the healthcare system, bringing in new possibilities of patient care and healthcare delivery. Everything from real-time tracking of patient health to crucial medical information sharingis made possible through the emergence of wearable technology. The medical and healthcare sector today has started recognizing the role of innovation and is reaping the benefits of these latest technologies. With the younger generation demanding newer innovations, wearables are an ideal market with limitless potential in the healthcare industry. Today, there is a wide range of wearable devices available in the market, ranging from watches and glasses to footwear. With ...

The Indian healthcare sector is booming tremendously with its huge urban and rural population. To add to the fact, a number of private players in the market are mushrooming across the nation in order to meet the growing demand for quality healthcare facilities. The progressive industry is prone to witness various emerging trends in the market that would change the entire healthcare scenario in the upcoming years and contribute to its growth and development. With the increase in healthcare costs by private players and inadequate public funding from the government, there is expected a significant rise in out-of-the-pocket medical expenditure. All these factors bring in the need for the healthcare industry to offer value and convenience to consumers so that they can manage their health expenses well. This is where the role of health insurance comes to play. As the healthcare cost is becoming increasingly expensive, more and more people are looking for alternative ways to support t...

Most of the developing countries in the world are in the phase of economic transition and urbanization, giving rise to dietary and lifestyle changes. The modern, urbanized world has made our lives fast-paced, in the sense that we now indulge in more sedentary behaviors and richer diets, which has subsequently contributed to more of obesity-related illnesses rather than under-nutrition. Unfortunately, India is becoming more afflicted with the increasing burden of diseases, in particular, chronic lifestyle NCDs, which are emerging as one of the biggest problems in the healthcare sector. The country is currently witnessing a health crisis that is spanning an entire spectrum of ailments, from communicable diseases and NCDs to the existing scourge of malnutrition. India, being a country with the vast population, is encountering a unique set of challenges in its healthcare infrastructure, which is over-burdened by the population increase. Moreover, the economic deprivation of the poo...

The progress that India has been observing in the recent years has a major share of the healthcare industry which has been playing an important role in its economic growth and development. There are several growth drivers influencing and impacting the growth of the healthcare industry, and thereby the nation, bringing in lots of potential and various avenues of growth. Moreover, with the increasing government intervention and private-public partnerships, the healthcare sector in India is poised for tremendous growth in the coming years. In light of the present healthcare scenario in India, not only is the hospital sector becoming an emerging market, but also various aspects of healthcare services like medical diagnostics, pharmaceuticals, and health insurance are also expected to continue moving on the growth path in the time to come. Currently, the Indian healthcare sector is growing at a rate of 16.5 percent and is likely to reach $280 billion by the year 2020. The rapidly gr...